Author: gizamail.com

In February 2022, air travel rebounded strongly from January 2022, as Omicron-related impacts moderated outside Asia. February 2022 traffic (measured in revenue passenger kilometers or RPKs) was up 115.9% over February 2021. Compared with January 2021, January 2022 showed an increase of 83.1%. But compared with February 2019, traffic fell by 45.5%. A 60.7% increase in domestic traffic was reported in February 2022 over the year-ago period, building on a 42.6% rise in January 2022. According to the International Air Transport Association (IATA), there were wide variations in markets. There was a 21.8% drop in domestic traffic in February compared…

Jordanian Finance Minister Mohammad Al-Ississ discussed ways to enhance bilateral cooperation in the areas of finance, tax and customs with Saudi Finance Minister Mohammad Al-Jadaan. In the course of the meeting which was held at the sidelines of the Joint Annual Meeting of Arab Financial Institutions in Jeddah, both sides stressed the close ties that bind Amman and Riyadh together. The meeting was attended by the Governor of the Central Bank of Jordan, Adel Sharkas, Secretary-General of the Ministry of Finance of Jordan, Abdul-Halim Shebli, and Director-General of the Department of Income and Sales Tax of Jordan, Hussam Abu Ali.…

For the fourth day in a row, the number of COVID-19 cases in South Korea reached 200,000 due to an increase in the number of infections. According to authorities, as of Thursday alone, there were 621,328 new cases of the virus reported daily, and 429 deaths had been reported sending shockwaves across Asia. Among newly reported WHO data, South Korea leads the world with 2,358,878 cases, followed by Vietnam with 1,795,380. According to the Yonhap News Agency, the country reported 205,333 new COVID-19 infections, including 31 cases from abroad. The total number of cases now totals 14,983,694, as reported by…

The Crown Prince, Deputy Prime Minister, and Minister of Defense, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, received today the President and members of the Yemeni Presidential Leadership Council. Prince Salman expressed Saudi Arabia’s support for the Yemeni Presidential Leadership Council, hoping that the council’s creation would contribute to moving Yemen from war to peace and development. Prince Salman expressed optimism, noting that everyone is motivated. He said Saudi Arabia wants Yemen to experience stability, security, and prosperity. The meeting was attended by Prince Khaled bin Salman bin Abdualziz, Deputy Minister of Defense; Prince Faisal bin Farhan bin…

The Yemeni Presidential Leadership Council and its supporting entities have the full support of Saudi Arabia in developing policies and initiatives that will lead to security and stability in Yemen and to an end to the Yemeni crisis. Saudi Arabia will provide 3 billion dollars to the Yemeni economy. Yemeni Central Bank will receive $2 billion in support from Saudi Arabia and the United Arab Emirates jointly, while an additional $1 billion from Saudi Arabia will include $600 million for oil derivatives and $400 million for development support. Yemen will also receive $300 million from Saudi Arabia to help fund…

A statement was made by the Deputy Prime Minister of the Lebanese government, Saadeh al-Shami, to announce the bankruptcy of the state and the Central Bank of Lebanon, and that the losses will be distributed among the state, the Banque du Liban, banks, and depositors within Lebanon. According to statistics provided by the United Nations, 82 percent of the Lebanese population are now living below the poverty line. This ranks Lebanon joint with South-Sudan (82 percent) as the poorest nation in the world followed by Equatorial Guinea (77 percent) and Madagascar (71 percent). There is an estimated 40 percent unemployment…

In an era when electric cars are well established as the future of the auto industry and autonomous vehicles are just around the corner, mobility is changing at a tremendous pace. It is estimated that changes in the auto industry will be greater in the next five years than they have been in the last fifty. In today’s world, cars are already computers on wheels, so it stands to reason that the future of automobiles and technology will be similar. OMNIPOD, LG’s concept car announced at CES 2022, is an example of LG’s vision for the future, where smart living,…

Dr. Nayef Falah M. Al Hajraf, Secretary-General of the Gulf Cooperation Council (GCC), stressed the importance of supporting Yemen and the brotherly Yemeni people in ending the conflict and achieving security and stability in Yemen through the Yemeni consultations. The Council reiterated its support for Yemen and the Yemeni people as a result of constitutional legitimacy and a political solution based on the three references of the GCC initiative and its Executive Mechanism, the outcomes of the Yemeni National Dialogue Conference (NDC) and Security Council Resolution 2216. HE the Secretary General made these remarks as he met with HE Mr.…

A number of Yemeni governorates continue to receive hundreds of tonnes of Ramadan rations that have been provided by the Emirates Red Crescent (ERC). Approximately seven million people are benefitting from the Ramadan Ration and Iftar programmes in Shabwa, Hadramaut, Taiz, Hodeidah, and Socotra. The initiative is pursuant to the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, as well as the follow up from H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the ERC, to…

On Sunday, the Pakistan government announced that Imran Khan no longer holds the position of Prime Minister. As a result of the dissolution of the Pakistan Assembly by the President of Pakistan pursuant to Article 58 (1) read with Article 48 (1) of the Constitution of the Islamic Republic of Pakistan, vide Ministry of Parliamentary Affairs, dated 3rd April 2022, Imran Ahmed Khan Niazi ceased to hold the office of Prime Minister of Pakistan, with immediate effect, according to the government statement. The Pakistani Supreme Court has banned all state institutions from taking any “unconstitutional” steps following the dismissal of…